Comments on: Student Loan Forgiveness

By: Ashley

Ashley — Fri, 23 Apr 2010 14:36:51 +0000

I am 125,000 in debt. I graduate from college with a bachelor degree and couldn’t find a decent job back in August of 2008. After still failing to find work I am back in school. I am getting a degree in health information management which I hope will give me a good job. I am married but my husband has student loans and we just make it each month. I just found out I am pregnant and am very scared. What can I do to get help? I will never be able to pay off these loans. I will be in debt for life. This is more then a house payment. The loans started off with me thinking I would find work and not being able to they have sky rocketed with interest. Please help!

Ashlye

By: ttopor

ttopor — Fri, 19 Feb 2010 21:11:10 +0000

Hi Olivia,

Thanks for reading! I would talk to someone who specifically knows about your financial situation – whether it be someone at your bank, or a loan officer, a financial advisor, or even a lawyer – to help you figure out how to get rid of this old loan once and for all. Your best bet is to seek out some professional help. We wish you all the best, and hope everything works out for you in the end!

EducationGrant Editor

By: Olivia

Olivia — Fri, 19 Feb 2010 16:45:42 +0000

I was trying to listen to Barak Obama State of the Union Speech about student loan forgiveness after 20 years.
This loan I have is 28 years old. The school received the loans in 1982. I went to taht particular school for only 2 months. The school took the loans and used them, now they still are harrasing me about paying back the money which I never seen a penny of. Is there any place to go to, or someone to talk to about this old loan. I payed back over 3,000 alrady and have been in deferment for 5 years. Now I have to file a deferment for unemployment every 6 months for 36 months.
What is our country really about? I am 55 years old now.

olivia

By: Jason R

Jason R — Wed, 27 Jan 2010 21:52:25 +0000

You people are out of your minds if you think a facebook group is going to solve anything. I have $124,000 of school debt in there is no relief in sight, do you actually think the government cares about you? Get a grip.

By: KIMBERLY N RANDALL

KIMBERLY N RANDALL — Tue, 01 Dec 2009 17:34:09 +0000

Mr. Appelbaum,

I have filed bankruptcy w/in the last 3years. Last January I attended an adversary proceeding that I myself filed and initiated. I of course was denied
because the Judge would dare not make a decision in my favor in fear of
opening the “flood gates”..,however he did say that I met the “hardship”
but I did not meet “undue” hardship…..nothing like splitting hairs

By: Sandra Proulx

Sandra Proulx — Fri, 02 Oct 2009 15:59:50 +0000

Keri-- The Facebook group still exists (Cancel Student Loan Debt to Stimulate the Economy) but the best way to stay up-to-date with this movement is by becoming a fan of Robert Applebaum. Best of luck! Sandra Proulx Community Manager EducationGrant.com

By: Keri Schmitt

Keri Schmitt — Tue, 29 Sep 2009 14:59:45 +0000

I am going through the same there with my private loans I am so glad to see there is something going on about this I felt all alone. I haven’t even finished school because i am afraid to go farther into debt. I have such good credit and now it is going to be ruined because I have to make the choice in whether I can pay back my outragous loans or take care of my family (I have a baby girl). They give you no choices or help with the private loans and I can’t afford them. I definitely regret going to school because of how much it has hurt my finances. I hope there is something we can do because I wouldn’t want my daughter to be haunted but school loans like I am. How do I become a part of the group to fight for help with these private loans? Thanks for working hard towards this fight!